HERBALIFE LTD. — Director's Dealing 2011

Jun 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2011-06-06

Reporting Person: Chiu Shin-Shing Bosco (Principal Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-06	Common Stock	M	10080	$54.31	Acquired	17554	Direct
2011-06-06	Common Stock	D	5988	$19.48	Disposed	11566	Direct
2011-06-07	Common Stock	S	4092	$55.00	Disposed	7474	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-06	Stock Appreciation Rights	$54.31	M	10080	Disposed	2019-11-30	Common Stock (10080)	Direct

Footnotes

F1: On May 17, 2011, the common stock of Herbalife Ltd. split 2-for-1, resulting in the reporting person's acquisition of 3,737 additional shares of common stock.

F2: Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan that vest in 5% increments commencing on December 31, 2006 and on the last day of each subsequent calendar quarter until fully vested.

F3: On May 17, 2011, the common stock of Herbalife Ltd. split 2-for-1, resulting in the reporting person's acquisition of 11,200 additional stock appreciation rights with respect to this award.